PHYLL: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PHYLL
Largest movements
- Cash +€140,020
up €140,020 (+31.3%), from €447,742 to €587,762
mainly Other debts (+€348,500) and Net result for the year (+€101,135)
- Other debts +€348,500
new in 2025: €348,500
- Reserves -€308,865
down €308,865 (-66.8%), from €462,490 to €153,625
of which Distributable reserves: -€308,865
- Tax, wage and social debts +€94,956
up €94,956 (+961.9%), from €9,872 to €104,828
of which Taxes: +€94,882
- Gross operating margin +€7,121
up €7,121 (+5.7%), from €124,766 to €131,887
- Taxes +€2,181
up €2,181 (+8.3%), from €26,391 to €28,572
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,761 | €631,919 | +€135,158 | +27.2% |
| Fixed assets | 21/28 | €621 | €106 | -€515 | -82.9% |
| Tangible fixed assets | 22/27 | €621 | €106 | -€515 | -82.9% |
| Furniture and vehicles | 24 | €621 | €106 | -€515 | -82.9% |
| Current assets | 29/58 | €496,140 | €631,812 | +€135,673 | +27.3% |
| Amounts receivable within one year | 40/41 | €47,269 | €42,637 | -€4,632 | -9.8% |
| Trade receivables | 40 | €37,026 | €37,798 | +€772 | +2.1% |
| Other amounts receivable | 41 | €10,243 | €4,838 | -€5,404 | -52.8% |
| Cash at bank and in hand | 54/58 | €447,742 | €587,762 | +€140,020 | +31.3% |
| Deferred charges and accrued income | 490/1 | €1,128 | €1,413 | +€285 | +25.2% |
| Total equity and liabilities | 10/49 | €496,761 | €631,919 | +€135,158 | +27.2% |
| Equity | 10/15 | €482,490 | €173,625 | -€308,865 | -64.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €462,490 | €153,625 | -€308,865 | -66.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €460,490 | €151,625 | -€308,865 | -67.1% |
| Amounts payable | 17/49 | €14,271 | €458,293 | +€444,023 | +3111.5% |
| Amounts payable within one year | 42/48 | €14,271 | €458,293 | +€444,023 | +3111.5% |
| Trade debts | 44 | €4,398 | €4,966 | +€567 | +12.9% |
| Suppliers | 440/4 | €4,398 | €4,966 | +€567 | +12.9% |
| Taxes, remuneration and social security | 45 | €9,872 | €104,828 | +€94,956 | +961.9% |
| Taxes | 450/3 | €9,872 | €104,754 | +€94,882 | +961.1% |
| Remuneration and social security | 454/9 | - | €74 | +€74 | |
| Other amounts payable | 47/48 | - | €348,500 | +€348,500 | |
| Remuneration, social security and pensions | 62 | €100 | €430 | +€330 | +330.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €515 | -€128 | -19.9% |
| Other operating charges | 640/8 | €1,446 | €1,109 | -€337 | -23.3% |
| Gross operating margin | 9900 | €124,766 | €131,887 | +€7,121 | +5.7% |
| Operating profit (loss) | 9901 | €122,577 | €129,833 | +€7,255 | +5.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €150 | €126 | -€24 | -16.3% |
| Recurring financial charges | 65 | €150 | €126 | -€24 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €122,427 | €129,707 | +€7,280 | +5.9% |
| Income taxes | 67/77 | €26,391 | €28,572 | +€2,181 | +8.3% |
| Profit (loss) for the period | 9904 | €96,036 | €101,135 | +€5,099 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €96,036 | €101,135 | +€5,099 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.